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-In the Above Figure AD1 and AS1 Represent the Original

Question 146

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-In the above figure AD<sub>1</sub> and AS<sub>1</sub> represent the original aggregate supply and demand curves and AD<sub>2</sub> and AS<sub>2</sub> show the new aggregate demand and supply curves.The change in aggregate supply from AS <sub>1</sub> to AS<sub>2</sub> could be caused by: A) a reduction in the price level. B) the increased availability of entrepreneurial talent. C) an increase in business taxes. D) the real balances,interest-rate,and foreign trade effects.
-In the above figure AD1 and AS1 represent the original aggregate supply and demand curves and AD2 and AS2 show the new aggregate demand and supply curves.The change in aggregate supply from AS 1 to AS2 could be caused by:


A) a reduction in the price level.
B) the increased availability of entrepreneurial talent.
C) an increase in business taxes.
D) the real balances,interest-rate,and foreign trade effects.

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